Abdulsamad Rabiu (BUA): Biography, age, wife, children, source of wealth, net worth, and more
When talking about African business giants, Abdulsamad Rabiu is not an exception. According to Forbes, he is presently the fifth richest person in Africa.
Would you like to know more about the billionaire business magnate? Follow through this article until to get every necessary information unveiled to you.
Abdulsamad Rabiu is a Nigerian Billionaire businessperson who was given birth on the 4th of August 1960 into a wealthy family in his hometown in Kano State.
His father, the late Khalifah Isyaku Rabiu, who was one of the topmost industrialists in Northern Nigeria, had given him great insight into business at a very young age.
He had his primary and secondary education in the Kano state of Nigeria and then proceeded to Capital University in Columbus, Ohio, USA, where he obtained a degree in Economics.
Abdulsamad Rabiu was born on the 4th of August 1960. This implies that he is presently 61 years of age and will be 62 by August 2022.
There is no exact information in the media space as regards the identity of Abdulsamad Rabiu’s wife.
Abdulsamad Rabiu has four children namely, Isyaku Rabiu, Junaid Rabiu, Rukkayah Rania Rabiu and Khadijah Rabiu. There is very little information known about his children.
Source of Wealth
On arriving in Nigeria in 1984, he was made to oversee his father’s business at the young age of 24.
Having gained substantial ideologies of business, he decided to establish his own business, BUA International Limited, which was mainly focused on imports of steel, iron, rice, and edible oil.
Over the years and after overcoming several challenges that came his way, Abdulsamad Rabiu was able to build his business into a conglomerate, which is known today as BUA Group.
ALSO READ: It’s cheaper to transport container from China to Lagos than Lagos to Kano — BUA Chairman
He is also the chairperson of the Nigerian Bank of Industry known as BoI.
According to the Forbes list, Alhaji Abdulsamad Rabiu has an estimated net worth of $7 billion.
Feud with Dangote
It is amazing that while there are physical fights, there is an industry fight to know who dominates a market.
The feud between the two business giants, Abdulsamad and Dangote is based on who dominates the sugar and cement market in the African economy.
The fight for sugar market dominance was propagated because of the construction of the new sugar refinery by BUA international limited in Port Harcourt.
Abdulsamad Rabiu phone number?
Abdulsamad Rabiu’s phone number is +2341461066970. This may not be the exact phone number handled by Abdulsamad Rabiu, but it is certainly related to BUA International Limited.
List of Abdulsamad Rabiu companies
Alhaji Abdulsamad Rabiu is the CEO and Chairman of the BUA Group, which oversees a group of companies. Listed below are the companies under the BUA Group:
- BUA Cement
- BUA sugar refinery
- BUA Oil Mills Limited
- BUA Estates
- BUA Port and Terminals Limited
- BUA Flour mills
The information in this article was curated from online sources. All details cannot be independently verified by NewsWireNGR or its editorial team.
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